Macquarie Bank vs ING home loans June 2026

Macquarie Bank's lowest variable home loan rate is 6.09% p.a. and ING's is 5.99% p.a., a gap of 10 basis points, with ING the lower of the two today. Both figures are ranked by comparison rate and refreshed daily, so check features and fees alongside the headline rate before deciding.

Macquarie Bank vs ING at a glance

Feature	Macquarie Bank	ING
Lowest variable rate	6.09% p.a.	5.99% p.a.
Lowest 3-year fixed rate	6.29% p.a.	6.49% p.a.
Lowest comparison rate	6.13% p.a.	6.03% p.a.
Products tracked	49	28
Offset available	Yes	Yes
Cashback offer	—	—

Macquarie Bank or ING: which should you pick?

On the lowest advertised variable rate, ING sits at 5.99% p.a. and Macquarie Bank at 6.09% p.a. On a $500,000 loan over 30 years, that gap works out to roughly $32 a month in repayments, so the rate difference is worth weighing carefully.

Both lenders offer an offset account, so if parking savings against your loan matters to you, neither rules itself out on that front.

The cheapest headline rate isn't always the rate a lender approves on your file. Your loan size, deposit and income all move the number, so the right pick between Macquarie Bank and ING depends on your scenario, not just the advertised figure.

Not sure which one fits your scenario?

Advertised rates aren’t always the rate a lender approves. Get the sharper of the two negotiated against your specific numbers, at no cost.

Compare my options

Macquarie Bank vs ING — frequently asked questions

Who has the lower home loan rate, Macquarie Bank or ING?

As of June 2026, ING has the lower headline variable rate at 5.99% p.a., versus 6.09% p.a. for Macquarie Bank. Both are ranked by comparison rate and refreshed daily.

What's the difference between Macquarie Bank and ING home loans?

Beyond the rate, Macquarie Bank and ING differ on features. Macquarie Bank offers an offset account, and ING offers one too. Ratesniffers tracks 49 Macquarie Bank and 28 ING products, ranked by comparison rate and refreshed daily.

Is it worth switching from Macquarie Bank to ING?

It depends on the gap and your balance. The lowest advertised variable rates differ by 10 basis points today, and on a $500,000 loan even a small gap adds up over the life of the loan. Compare the comparison rate and features, then check the rate each lender would actually approve on your file.

How often are Macquarie Bank and ING rates updated?

Ratesniffers refreshes both Macquarie Bank and ING home loan rates daily. Rates can change whenever either lender reprices or the RBA moves the cash rate, so the figures on this page reflect the most recent data we hold rather than a static snapshot.

Go deeper on each lender

Full product ranges, refreshed daily and ranked by comparison rate.